A binary option is a financial exotic option in which the payoff is either some fixed monetary. In the online binary options industry, where the contracts are sold by a broker to a customer in an OTC manner, a different option pricing model is.

A binary option is a financial exotic option in which the payoff is either some fixed monetary. Investopedia described the binary options trading process in the U. S. thus: . . . In July 2016 the Israeli binary option firms Vault Options and Global Trader 365 were ordered by the U. S. District Court for the Northern District of Illinois.